Latest Realty News

DELHI: The dispute between Gurgaon’s industrialists and the civic agency over the issue of property tax has been brought to the fore once again. The local associations have written to the Municipal Corporation of Gurgaon (MCG) seeking, among other exemptions, an extension on the payment deadline, which was reached on June 30.

DELHI: In less than a week after Delhi chief minister’s claim that she won’t allow Delhi to grow vertically till she is alive, she and the union urban development minister seemed to be on the same page on the issue of allowing highrises in the national capital. However, the CM insisted that green and open places of Delhi must be maintained.

MUMBAI: The National Capital Region has undergone another expansion with three more districts – Mahendragarh and Bhiwani (both in Haryana) and Bharatpur (Rajasthan) – added to it on July 1. This brings the number of districts in the NCR to 19, with the total area increasing by 34% to 45,887sq km.

DELHI: Out of the 1.8 crore new houses built between 2007-2012, owners of over 1.1 crore units in India prefer not to let out the properties fearing that that evicting tenants will be next to impossible. This is primarily because India does not have a rental housing policy with incentives or benefits

DELHI: Terming the home prices as highly inflated in the country, including in smaller cities, industry leader Deepak Parekh on June 21 asked builders to focus on affordable housing, rather than luxury homes, and said it is a dangerous thing to lend aggressively to developers.

DELHI: A common saying goes, to know “stress”, organize a person’s marriage or endeavor to build a house. Consider the various factors which affect the decision on the purchase or building of a house, they range from vastu, legal documentation, anticipated appreciation in value and maybe even the whims and fancies of the relatives. Clearly, factors which may cost a common man, seeking to obtain a roof over his head, many a nights sleep. Well, thanks to the Finance Act, 2013, the stress has been

DELHI: Landowners in Greater Noida will be hit hard if the Greater Noida Industrial Development Authority (GNIDA) changes its building bylaws as they will either need to build structures on vacant plots or sell them to someone else who will to avoid the plots being confiscated.

DELHI:A slowdown in the real estate sector can spell opportunity for the prepared. Delhi-based publishers, Umraopati Ray, 30, and his wife PriyankaSaxena, also 30, own an apartment at PaschimVihar. As the slowdown in the National Capital Region (NCR) intensified, the young couple went hunting for good deals.

DELHI: NCR will soon witness its own symbolic building, as CHD Developers Ltd., one of northern India’s most renowned developers are set to launch its headquarters ‘CHD Sky One’ in Dwarka Expressway. Poised to be an iconic building of India, Sky One will change the skyline of Dwarka Expressway with its stunning international design, setting a benchmark like no other.

DELHI: A slowdown in the real estate sector can spell opportunity for the prepared. Delhi-based publishers, Umraopati Ray, 30, and his wife PriyankaSaxena, also 30, own an apartment at PaschimVihar. As the slowdown in the National Capital Region (NCR) intensified, the young couple went hunting for good deals. Recently, their efforts were rewarded when they managed to buy a flat at VasantVihar at a price 15% lower than the peak rate witnessed in the area in the past.

DELHI: Like the Cyber City Gurgaon, the twin cities of Noida-Greater Noida are also facing huge water shortage after the National Green Tribunal banned extraction of groundwater for construction purposes.

DELHI: Over the years, Gurgaon has become synonymous with luxury living. Among the many localities offering high-end properties, Golf Course Extension Road stands out for the number of residential projects overlooking the golf course and state-of-the-art facilities.

BHUBANESWAR: How often do we come across a situation wherein supply in the real estate market is not aligned with market demands? The probable answer may be – several times. A similar situation looms large on the Noida realty market. There is a significant mismatch between demand and supply of different configurations. While 2BHK seems to be the preferred size for buyers, developers are largely building 3BHK units.

DELHI: Terming the home prices as highly inflated in the country, including in smaller cities, industry leader Deepak Parekh on Friday asked builders to focus on affordable housing, rather than luxury homes, and said it is a dangerous thing to lend aggressively to developers.

DELHI: Rupee depreciation may be bad news for the Indian economy, but not so for the non-resident Indians scouting for property back home. Cashing in on the opportunity to buy residential units cheaper by up to 20%, NRIs are queueing up big time.

DELHI: In the last four to five months residential values in Sector 76, Noida have shown an upward graph. The capital values in the locality have moved up from approximately Rs 4,700-4,900 per sq ft in the Oct-Dec 2012 to Rs 5,900 per sq ft in the Jan-Mar 2013, the data further revealed.

DELHI: The Real Estate (Regulation and Development) Bill, 2013, which seeks to regulate the housing market and protect the interest of homebuyers and developers has been cleared by the Union Cabinet and will be placed in Parliament for its approval.